Trump: 'I haven't seen any of the facts' on AT&T-Time Warner merger

Trump: 'I haven't seen any of the facts' on AT&T-Time Warner merger
© Getty

President-elect Donald TrumpDonald John TrumpBiden slams Trump over golf gif hitting Clinton Trump Jr. declines further Secret Service protection: report Report: Mueller warned Manafort to expect an indictment MORE on Tuesday signaled a willingness to change his stance against the proposed AT&T-Time Warner merger, saying in an interview that he has not “seen any of the facts.”

"I have been on the record in the past of saying it's too big and we have to keep competition,” he told Axios. “So, but other than that, I haven't, you know, I haven't seen any of the facts, yet. I'm sure that will be presented to me and to the people within government."

In a campaign speech in October, Trump said unequivocally that he would oppose the $85.4 billion deal because it would give more power to the mainstream media.

ADVERTISEMENT
"As an example of the power structure I'm fighting, AT&T is buying Time Warner and thus CNN, a deal we will not approve in my administration because it's too much concentration of power in the hands of too few," he said, adding later, "Deals like this destroy democracy."

But now that Trump is set to take office, many in Washington whether he is open to softening his position on the merger.

Last week, Trump met with AT&T CEO Randall Stephenson, who later said that the merger was not discussed.